Creditors lodge their claims in accordance with the conditions laid down by decree in the Conseil d’Etat; claims that have not been lodged within a period set by this decree are extinguished, unless the judge grants a discharge. The trustee draws up an assessment of the debtor’s economic and social situation, verifies the claims and evaluates the assets and liabilities. With effect from the judgment opening the proceedings, the debtor may not dispose of his assets without the agreement of the trustee or, in the absence of an appointed trustee, of the judge.
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